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The Economics of Crop Insurance and Disaster Aid (Aei Studies in Agricultural Policy) | 
| Author: Barry K. Goodwin
Publisher: AEI Press
Category: Book
Buy New: $29.95
Sales Rank: 1370396
Media: Hardcover
Number Of Items: 1
Pages: 153
Shipping Weight (lbs): 1
Dimensions (in): 8.8 x 5.7 x 0.8
ISBN: 0844739081
Dewey Decimal Number: 368.12
EAN: 9780844739083
ASIN: 0844739081
Publication Date: September 25, 1995
Shipping: Eligible for Super Saver Shipping
Availability: Usually ships in 3 to 4 weeks
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Product Description
Policies to deal with the consequences of the vagaries of nature have made headlines for several years. Each year when a "disaster" arrives, the administration and Congress compete in generosity toward those farm families in need. At the same time, the ritual question of why crop insurance does not provide the appropriate incentives for risk management is raised once again. PThis study is the first to provide a comprehensive and in-depth economic analysis of the origins and consequences of U.S. crop insurance and disaster relief programs. After examining these programs in light of market failure rationales for government intervention in agricultural commodity insurance programs, the authors conclude that these arguments provide little basis for such intervention. They investigate the policy options for disaster assistance and crop insurance, beginning with the recognition that current policies are unsatisfactory.
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